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This study examines the changes taking place in the telecommunications services industry both here and abroad, the opportunities emerging from these changes, and the factors affecting the ability of U.S. carriers to take advantage of these opportunities. We conclude that current domestic, foreign, and international regulations restrict the ability of U.S. firms to seize these opportunities and, consequently, limit the ability of the telecommunications industry to generate high-wage, American jobs.
This study proposes changes in domestic regulations to spur competition throughout the telecommunications services industry and thereby lower prices, stimulate innovation, and improve the international competitiveness of all U.S. firms. The study also recommends a proactive, international negotiating position to increase the opportunities available to U.S. telecommunications services firms in foreign nations. Finally, the study advocates abandoning the current international service operating agreement in favor of a cost-based, non-discriminatory agreement.